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On October 31, the stockholders' equity section of Blossom Company's balance sheet consists of common stock $728,000 and retained earnings $401,000. Blossom is considering the

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On October 31, the stockholders' equity section of Blossom Company's balance sheet consists of common stock $728,000 and retained earnings $401,000. Blossom is considering the following two courses of action: (1) declaring a 5% stock dividend on: the 91,000,$8 par value shares outstanding or (2) effecting a 2 -for-1 stock split that will reduce par value to $4 per share. The current market price is $17 per share. Prepare a tabular summary of the effects of the alternative actions on the company's stockholders' equity and outstanding shares

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